Gift Legacy eNewsletter 12/28/22

BEQUESTS Life Insurance Policies

Did you know you can use old or unnecessary life insurance policies in new ways to achieve your goals? There are a variety of ways that you can use your life insurance to support our cause:

• You can give your unneeded policy to support our work today
• You can name our organization as a beneficiary of a policy you still want to hold on to
• You can transfer your policy into a charitable remainder trust or other instrument and receive income and tax benefits based on its value

Your life insurance proceeds will help further our work, and your estate may benefit from a deduction.

If a gift of life insurance interests you, please contact Vice President of Advancement and Development/Executive Director for the Foundation, Jackie Cruz at jcruz@hartnell.edu or call (831) 444-2446. We would be delighted to talk with you and answer any questions that you have regarding how to convert your unneeded life insurance policy into something meaningful.